USA Compression Partners, LP (USAC) to Distribute Quarterly Dividend of $0.53 on November 6th

USA Compression Partners, LP (NYSE:USAC) announced a quarterly dividend on Thursday, October 15th. Investors of record on Monday, October 26th will be paid a dividend of $0.5250 per share by the oil and gas company on Friday, November 6th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Monday, October 26th.

USA Compression Partners has a payout ratio of 185.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect USA Compression Partners to earn $1.50 per share next year, which means the company may not be able to cover its $2.10 annual dividend with an expected future payout ratio of 140.0%.

USA Compression Partners Stock Performance

Shares of NYSE USAC traded up $0.64 during midday trading on Friday, reaching $25.52. 138,954 shares of the company traded hands, compared to its average volume of 401,897. The company has a market cap of $3.70 billion, a price-to-earnings ratio of 24.08 and a beta of 0.28. The stock has a 50-day moving average price of $26.27 and a 200 day moving average price of $26.84. USA Compression Partners has a 52 week low of $21.85 and a 52 week high of $30.55. The company has a debt-to-equity ratio of 10.25, a current ratio of 1.35 and a quick ratio of 0.68.

USA Compression Partners (NYSE:USAC) last announced its earnings results on Tuesday, August 4th. The oil and gas company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.03. The firm had revenue of $342.15 million during the quarter, compared to analyst estimates of $340.49 million. USA Compression Partners had a net margin of 12.43% and a return on equity of 179.77%. Sell-side analysts anticipate that USA Compression Partners will post 1.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on USAC shares. Royal Bank Of Canada upped their price target on shares of USA Compression Partners from $30.00 to $31.00 and gave the stock a “sector perform” rating in a research note on Tuesday, September 1st. Wall Street Zen lowered shares of USA Compression Partners from a “buy” rating to a “hold” rating in a research note on Saturday, September 26th. Finally, Zacks Research raised USA Compression Partners from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $29.50.

USA Compression Partners Company Profile

USA Compression Partners, LP (NYSE: USAC) is a master limited partnership that provides natural gas compression services to infrastructure operators and producers in the United States. The company owns and operates a fleet of natural gas compression units and supplies compression under long-term and short-term contracts.

Its equipment and services support several stages of the natural gas value chain, including gathering, processing, transmission, storage and production. Compression helps maintain the pressure needed to move natural gas through pipelines and other infrastructure, making the company a service provider to midstream and upstream energy businesses.

USA Compression Partners serves customers across major U.S.